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WETA
Nov 9, 2012 8:30pm EST
romney in a minute, but first listen to what john boehner said after the election. >> mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. let's rise above the this function and do the right thing for our country. >> later john boehner told diane sawyer he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next year. i think they will get past the cliff. if he insists on raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the cornerstone of the president from message is we raise taxes on those earning over $250,000. mitt romney pledged to repeal obamacare. these are the essential points of their candidacies. i think he can point to that. but at the same time, he has to
CNN
Nov 9, 2012 2:00am PST
to extire. house speaker john boehner drawing this line in the sand. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it can pass the senate. >> white house correspondent brianna keilar is live from washington, d.c. for us this morning. brianna, speaker boehner seemed to be offering the president on olive branch earlier this week when he talked about the possibility of increasing revenue. but here he's taking a hard stance against tax increases. what does that say about the chances of a compromise? >> well, it may actually sound kind of like it's splitting hairs. but it's ally two different things where he's talking about increasing tax rates. he says he's not okay with that. but he would be maybe okay, maybe amenable to increasing revenue. to bringing in more tax dollars, because there is a difference. and what he's saying is part of a chorus of conciliatory language that we're hearing from democrats and republicans on the hill. listen to more of what john boehner said in that interview. >> -- talk about all kinds of things we may disagree
MSNBC
Nov 9, 2012 8:00am PST
speaker john boehner on this? as you remember during the 2011 negotiations, they tried to get a grand bargain. a $4 trillion deficit reduction that would have included cuts to medicare and medicaid, but also some tax increases. ultimately that deal fell apart. there are some democrats that would like to see the president try to go big again in this second term. now the white house pardoned by some of the comments that john boehner made by saying that he's willing to come to the table to talk to the president about that. as you pointed out, he said that does not include tax increases for the wealthy. but i have been talking to some of my republican sources on the hill who say the speaker's language is important. it suggests a potential willingness to work with the president on the issue of taxes, which is of course the big sticking point. what does that mean? we don't know. it could mean eliminating deductions for big corporations for the wealthiest americans. those are the details that will have to be hammered out. but that report by the congressional budget office, which essentially
MSNBC
Nov 8, 2012 8:00am PST
in washington. >> i think the good news for the country is that john boehner and his president actually have a pretty good relationship. they like each other. that's a really good starting point. it's something you don't see in washington these days. and all you see between democrats and republicans is acrimony. i think boehner set a great signal yesterday. i think the person who called boehner yesterday and said let's get back to work is a big deal. >> i want to ask you. do the american voters really get the attention of the gop now? do they send a clear message that misogynistic, bigoted, homophobic candidate es just dot fly. how do they get the party back on track? >> losing does a lot more parties, and spending time in the desert does a lot toward figuring out how to get to water. the republican party obviously has a lot of work to do, but i'm encouraged they will get the message, that we understand we've got to be a larger tent. we can't continue to just go after a shrinking -- trying to expand a shrinking demographic and recognize we need more tolerance, more diversity, and more polici
MSNBC
Nov 9, 2012 3:00am PST
, we have the president winning re-election. we have john boehner returning to the speakership. harry reid returning. to being the senate majority leader. and while the status quo was the big winner last tuesday, the history books will not remember the names john boehner and harry reid as long as they will remember what this re-election meant for president barack obama. >> that's exactly right. it is a ratification. it is an affirmation historically. you could argue that maybe one of the reasons he's crying is he's going to have to deal with john boehner and harry reid going forward. so there could be a very practical trigger there. but certainly, i mean, what mike and john have said is exactly right. it's an important moment. he's the third democrat, fourth democrat, to do this in a century. woodrow wilson, franklin roosevelt, bill clinton and barack obama. not bad company to be in. >> by the way, i heard you say that on wednesday morning. who was the democrat -- the last democrat before that to do it? >> well -- >> that's a test. >> -- that is a test. >> jackson? >> i guess it would
NBC
Nov 9, 2012 6:00pm EST
, john boehner making public comments and neither one sounding like a compromise is anywhere -- >> well, the tone is certainly nicer than what we've heard, right? the president saying i'm not wedded to any one aspect of this. i'm open to compromise and new ideas. what i heard the president say and talking to white house officials, he certainly feels like this election gave him a victory on his point of view about taxes. he wants wealthier americans to pay more. he wants that balanced approached and he wants to drive a hard bargain on that piece of it. i would look for this to happen in some stages. avoid going off that fiscal cliff and spending cuts and tax increases by the end of the year and maybe take an initial stab at tax reform and maybe this happens in bits and pieces. >> talk to senator schumer and coburn and reaction to the petraeus resignation and more on what the republican party does in the future now after this loss. >> david gregory of "meet the press" thank you. >> it airs at 10:30 sunday morning here on nbc 4. >>> leon panetta says the military did all it could to respon
CNN
Nov 8, 2012 2:00am PST
steinhouser is following all the developments. >> you were just showing pictures of house speaker john boehner, the top republican in congress, and harry reid, the senate majority leader, he's the top democrat in congress. they came before our cameras yesterday in washington, john. they did talk about the election being a voice from the american voters for a call for compromise. and you heard both men talking about working together to fix the country's problems along with the president. but at the same time, you also heard both men laying down markers and both men disagreeing on whether whether it comes to the fiscal cliff the wealthy should be taxed. take a look at what they said. >> it won't solve the problem of our fiscal imbalance overnight. certainly won't do it in a lame duck session of congress. and it won't be solved simply by raising taxes or taking a plunge off the fiscal cliff. >> the vast majority of the american people rich, poor, everybody agrees that the rich, richest of the rich have to help a little bit. >> another disagreement, john boehner the house speaker talking about doi
ABC
Nov 8, 2012 5:30pm PST
exclusive. we sit down with the country's most powerful republican, house speaker john boehner. facing a critical deadline. will he and the president finally make a deal? or will this country fall off a cliff of huge tax increases and a new recession? everyone has said, a disaster is looming. >>> face to face. gabby giffords is there as the man who shot her is sentenced. her husband, mark kelly, tells us what was going through their minds. >>> freezing over. the families in the storm zone, huddling in blankets as they're hit with another storm. >>> and band of brothers. our bob woodruff, standing up for heroes tonight. the healing power of rock and roll. ♪ >>> good evening once again from washington, d.c., where the election may be over, but the clock is ticking on an issue affecting every american family. and standing at the urgent crossroads, the president and the speaker of the house, republican john boehner. there is a freight train bearing down on this country, called the fiscal cliff. it made the stock market so nervous today, for the second day in a row, it dropped. and busine
CNN
Nov 9, 2012 6:00am PST
find compromise? house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him sort of setting the scene and explaining to the american people what is at stake here, some of the things that christine outlined. we know that yesterday the cbo, congressional budget office put out a report saying that really the stakes here, that you could see the country sink into recession next year if we went off the fiscal cliff, that the unemployment rate could jump almost 2%. these are very serious things. this is post election. president obama's chance to kind of turn people's attention to this. and to urge congress to work together and to act. you heard him on tuesday night in chicago talki
FOX
Nov 9, 2012 7:00am PST
is expected to give congress about how to avoid that so-called fiscal cliff. also this morning, john boehner will be holding his own news conference. that one is at 8:00. he's expected to sell us the republican position about avoiding that cliff. boehner said he's "the most reasonable guy in washington." he believes he can find common ground with the president. >>> 7:04. they are still counting votes in florida from tuesday's election. but mitt romney's top campaign official in florida now says president obama will win the state. president obama leads romney in florida. the romney campaign in florida says it only expects the president's lead in the state to grow as more ballots are counted. president obama won the election even without florida's 29 electoral college votes. >>> schools are scrambling to readjust their budgets after the passing of the proposition in california. schools will receive $14 billion more over the next four years than they would have if the measure had failed. high-earning californians may have to recalculate their budgets. under prop 30, people making more than $250
CSPAN
Nov 9, 2012 9:00am EST
to tuesday's election results continues in washington. join us. house speaker john boehner will hold a news conference for it later this afternoon, president obama will speak to the nation. we expect him to speak about the upcoming fiscal cliff. that will be live at 1:05 eastern c-span. j kearney has a briefing schedule that is set for 2:00 p.m. eastern. >> if there is a mandate, is a mandate for us to face the challenges we face. in the weeks and months ahead, we faced a series of challenges and great opportunity. >> the american people want us to work together. they want a balanced approach to everything but especially with the huge deficit and taxes. >> the newly elected congress starts work in january. work is expected on the impending fiscal cliff including the expiration of the bush era tax cuts and possible cuts to domestic and military spending. fall all the debates with live house coverage on c-span and the senate on c-span2. there was a conference yesterday. pollsters participated in a town discussion that talked about economic efforts and how this affects lobbying in the lame- du
CNN
Nov 9, 2012 4:00am PST
tax rates for the wealthy. that's something that house speaker john boehner doesn't seem to be buying. listen. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it could pass the senate. >> without a budget compromise, drastic cuts amendmently kick in. that, of course, could send the economy spiraling back into a recession. white house correspondent brianna keilar is live for us this morning from washington. john boehner was the guy who said he didn't think a lame duck congress could do big things. what can be done in the next, what did i say, 53 days? >> well, maybe finding some sort of stopgap measure. some sort of framework on tax reform, soledad. i think that's the goal here. the fact is, house republicans and president obama and senate democrats, they don't really have a choice. they have to do something, and that became very clear yesterday when the cbo put out a report showing that if the country goes over the fiscal cliff you're looking at economic calamity. you're looking at unemployment ticking up, perhaps two points. you're lo
Current
Nov 8, 2012 3:00am PST
and you can't -- you can't tax them anymore. don't put too much faith into what john boehner had to say yesterday. it was an opening but not a done deal yet. >> yeah. >> bill: kala is in valdosta, georgia. hi kayla. >> bill: great victory huh? >> caller: i actually fell in above with barack obama in 2004 at the dnc. i was a sophomore in high school. [ laughter ] >> bill: good for you. >> caller: i was actually living in ohio at the time. i said that man's going to be the first black president of the united states. i got my butt laughed off. >> bill: you never fell out of love with him. >> no. i ran georgia southern students for barack obama in 2008. >> bill: wow! yeah. >> caller: i'm -- i'm 24 now and i'm black and i'm a female and he's for education. he's for helping people helping themselves and i think that's what the republican party and those that vote that way don't understand. he doesn't want to give out handouts. he wants to give a hand up. there's a big difference in that until the republican pa
MSNBC
Nov 10, 2012 1:00pm PST
to raise tax rates. but will house speaker john boehner be forced to cave in to avoid the fiscal cliff? our brain trust will weigh in on that and a whole lot more. >>> plus, he was once talked about it as a possible presidential candidate? could general david petraeus, could he rebound from his resignation to make a political comeback one day? we'll talk about that. you're watching msnbc, the place for politics. with something? nope! good talk. [ male announcer ] or free windows 8 training when you buy a computer at staples. another way staples makes it easier to upgrade. >>> welcome back. i'm craig melvin. here is a look at some of the top stories making news on this saturday. new york mayor michael bloomberg says the city will start deploying contractors this week to quickly repair homes damaged by hurricane sandy. bloomberg said that fema will foot most, if not all of the bill for the program. >>> meanwhile, protesters are taking to the streets in long island, where almost 200,000 are still without electricity. residents and lawmakers say they are fed up with what they say is a lack of a
CSPAN
Nov 9, 2012 10:30pm EST
cliff. -- and john boehner talked about the fiscal flat. president obama will be at the riesling say -- wreath laying ceremony 11 am eastern on c- span. >> 2013 should be the year we begin to solve our debt through tax and form an entitlement reform. i propose we avert the fiscal cliff together in a manner that ensures the 2013 is the year are government comes to grips with the major problems facing us. >> i am open to compromise. i am open to new ideas. i am committed to solving our fiscal challenges. but, i did used to expect -- except in the approach that is not balanced. i will not ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 aren't asked to pay a dime more in taxes kerry >> the newly elected congress starts work and to january but the current congress has work to do at the end of the year. work is expected on the impending fiscal cliff, x -- including the expiration of the bush eric tax cuts, raising the debt ceiling implant gus to domestic and military spending. loorow all the florida th debates. >>
FOX
Nov 9, 2012 5:00pm EST
of the fiscal cliff. both president obama and house speaker john boehner today came out warning the consequences of not reaching a deal would be devastating to the u.s. economy but they don't have a lot of time here. >> no, they don't. the president spoke on this today, not mentioning what was going on behind the scenes with the cia. consider the timeline here. there are only 53 days now left for congress to get to work and get this deal done in order to raise the debt ceiling this year congress put this countdown clock in effect and it has now unt january 1 to get it done. if nothing gets done, your payroll taxes could go up. the bush era income tax cuts would end and 449,000 defense industry jobs across virginia, maryland and d.c. could face layoffs if these automatic pentagon cuts are allowed to go forward. at the white house this afternoon the president spoke in front of what the administration called average americans. those special era tax cuts would expire. add to that deep spending cuts that will kick in. all of this has economists warning tonight of a double dip recession and possible
FOX News
Nov 9, 2012 3:00am PST
obama sits down with can john boehner to help save our country from recession. how does that go. >> raising tax rates is unacceptable and frankly couldn't pass the house. >> so will they be able to compromise and how will they do this? your second amendment rightts at risk. what the president just signed that has many people worried. >> steve: we'll be right back. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of helping others, he gets some helpful advice. just two aleve have the strength to keep back pain away all day. today, jason chose aleve. just two pills for all day pain relief. try aleve d for strong, all day long sinus and headache re
CSPAN
Nov 8, 2012 5:00pm EST
indicate that each sides if they have leverage and john boehner said earlier this week that he sees no need to raise taxes on upper income households and that would be bad for small businesses and showed no indication of a willingness to compromise. well, he needs to compromise ultimately on that issue. >> first of all, anything said prior to yesterday think which start with a big discount rate with anybody at any level that most americans have discounted them totally. that's the politicians must worry about is the massive discounting that's gone on in this country about washington and elected leadership and the need for people to restore themselves. and also i believe it's not typical but after election was an upsurge. lots of intelligent people in congress. but whether they collectively behave that way is not obvious. >> short-lived. >> short-lived, exactly. but the important thing here, and a little more positive because i don't doubt the hurdles that's been discussed and i doubt there will certainly be deal in a lame duck, but i think it is such on the economy that there will need to be
CNN
Nov 8, 2012 4:00am PST
with members of congress. we saw him already reach out by phone to john boehner, to mitch mcconnell, also to leadership in the democratic party. so we'll see if this promise of bipartisanship will last beyond just a couple of days. >> dan lothian for us this morning. thank you, dan. let's get right to john berman with a lack at some of the other stories making news today. good morning. >> good morning, soledad. cnn is projecting that ann kirkpatrick will return to congress. she barely beat republican challenger, jonathan payton. yet several house races are still up for grabs across the country this morning. in palm springs, california, republican mary bono mack, she's not giving up. she trailed democrat raul luis with all precincts reporting, but she says a large number of ballots have yet to be reported. mack's husband, connie mack, lost his bid in florida to bill nelson. in another tight race, alan west is not conceding defeat. he's demanding a partial recount in his re-election bid against democratic challenger patrick murphy. right now murphy has a very slim lead of less than 2,100 vo
CSPAN
Nov 9, 2012 7:00am EST
:00 we should note speaker john boehner, the leader of the house will hold an on-camera press briefing. that is at 11:00 a.m. we will carry that on c-span and c-span radio. some discussion about what the republican position will be heading into those negotiations. of "theay's edition washington post." i went to. the to the front page story of -- i want to point you to the front page story of "usa today." again, that is john boehner talking about putting off some of the bigger deals until after the new year and when the new congress sets. we are talking about the next four years and what you like to see president obama address. vicki is from virginia on the republican line. caller: good morning. i would like to see a few things. maybe a flat tax. maybe they could agree on something like that. i cannot understand why the rich should pay more. i understand a lot of the deductions. it seems like the people who do not have to do not want anyone else to have it. if you have a sucker, why should you give me your sucker? it is yours? i think it will hurt the country by doing that. i agree with
Current
Nov 14, 2012 3:00am PST
-brainer that even a john boehner or mitch mcconnell have to see they cannot survive politically and oppose that. >> eliot: one would hope so. this is one where you want the president to watch the days and watch and say i'm not moving. this is your fault. >> bill: right. then here's the latest wrinkle. i'm sure you saw yesterday some democrats now say that they're buying the mitt romney plan, if you will, of let's not raise tax rates. let's just close loopholes. right. can you get there -- two-fold question eliot. i hate to put you on the spot. one is what's wrong with raising tax rates and two can you get there just by closing loopholes? >> eliot: nothing and no. nothing wrong with raising the rates on the top folks including me including the president including -- >> bill: and me. >> eliot: this is what this campaign was about. the president spoke to it eloquently. bill clinton. every economic study. i wrote my editorial on my show the other night the congressional research service just came out with a study saying ther
ABC
Nov 9, 2012 7:00am PST
, fights breaking out. >>> an abc news exclusive. house speaker john boehner draws a line in the sand two days after the election. saying any tax increase would be unacceptable. the standoff, now, already set, as the president gets surprisingly emotional. >> i'm really proud of all of you. and, uh -- >> in this brand-new footage, released overnight. >>> armed and dangerous. the massive manhunt for the bank robber called the ak-47 bandit. now, caught on tape, holding up banks across the west with an automatic rifle. police racing to track him down before he strikes again. >>> and the surprising revelation from the woman we all know from the dance floor. brooke burke-charvet's surprising diagnosis. the 41-year-old superfit mother of four's new health battle. >>> always nice to see that we are well-protected here in times square. good morning, everyone. robin is on the mend. elizabeth vargas is back. and, boy, so much anger building up here in the northeast. tens of thousands, now, day 11 without power. the utility companies are under fire for that. and gas is still so hard to find for so ma
MSNBC
Nov 14, 2012 8:00am PST
to stay put, mitch mcconnell staying put. harry reid and john boehner staying put. the president back in, what people would expect musical chairs. none will happen. it's the same people in the same positions and yesterday senate majority leader mitch mcconnell took to the floor and said they won't compromise. we had that interview with paul ryan with abc's jonathan karl saying it's not a mandate. they have a divided government so they'll continue with back and forth of head butting and the taxes should not be raised on wealthiest americans. are we headed just for the same old same old once again? >> i don't think so. first of all we are very pleased about nancy pelosi remaining as leader. she's done an extraordinary job in helping to increase our numbers here on the democratic side, in raising the money that was necessary for us to strengthen our hand here in the house and so she has done such a good job that we urged her to please stay on and that experience really does count. let me just say this, there is some posturing going on and i do think that this posturing is going to perhaps c
ABC
Nov 7, 2012 4:00pm PST
john boehner agreed to openness as long as it linked to entitlement reforms and oo i'm not suggesting we compromise on principle buzz suggesting that we commit ourselves to creating an atmosphere to see common ground and seize it. >> it's better to stand and to fight it's better to work together. everything doesn't are to be a fight. everything doesn't have to be a fight. that is the way it's been the last couple years. >> two leaders different. boehner prefers to wait until newly elected congress is elected. reid calling on congress to get the work done immediately. >> you can see from this map of the electoral vote everything from florida has been called and with florida's 29 votes it won't make much of a difference either way because if we have it to go, let's say blue for the president. woe be up to 332 votes so just widen his lead. and if we make it red, and give it to mitt romney he is still 235. mr. obama retaining the presidency. want to show you more things now. how people voted closer to home. we're going to show you a map and take a look here. so going into mode, mode here.
NBC
Nov 9, 2012 7:00am PST
and center in these talks with speaker john boehner. >> all right. chuck todd at the white house this morning, thanks. john meacham is a pulitzer prize winning historian and author of the new book "thomas jefferson the art of power." good morning. >> thank you, sir. >> tell me about what's going on in washington right now. everyone is saying the right things. president obama said a couple days ago i'm looking forward to reaching out and working with leaders in both parties to meet our challenges. john boehner said we are ready to be led. is this just honeymoon talk or do the american people have reason to believe things might be different in a second term? >> a lot of it's honeymoon talk. this is the natural result. the president wants to appear magnanimous in victory. the speaker, whose party just lost, wants to be clear that practically he understands that the country voted for an incumbent president as opposed to the nominee of his party, so it behooves him at this point to make the right noises. but it's still friday. sometimes bipartisanship in washington is a little like what mark twain
FOX
Nov 8, 2012 7:00am PST
burns reports from the washington, d.c. newsroom that house speaker john boehner seems to be offering the first olive branch. alison n. >> alley -- alison? >> reporter: house speaker john boehner was able to hold onto the majority in the house. there are some tynes from him that he might be able to and willing to strike some more deals with president obama. speakser boehner suggested for the first time a framework -- speaker boehner sucked for the first time a framework to avoid the massive spending cuts and tax increases that will kick in this less than two months if congress doesn't act. >> because the mesh people expect us to find common ground, we're willing to accept -- and extend the olive branch. >> reporter: president obama is getting his first post election presidential briefing this morning. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 8:16. here's some good news. tuition will be reduced for california state university, now that voters passed prop 30. csu said they were able to avoid a $250 million mid-year budget cut. so it will rescind a $2
FOX News
Nov 15, 2012 8:00am PST
as the middle class does not get hurt. house speaker john boehner seems optimistic about these negotiations. >> we can all imagine a scenario where we go off the fiscal cliff. if, if despite the election, if despite the dangers of going over the fiscal cliff and what that means for our economy that there's too much stubbornness in congress that we can't even agree on giving middle class family as tax cut, then, middle class families will all end up having a big tax hike. >> there are no barriers here to sitting down and beginning to work through this process. i don't think anyone on either side of the aisle underestimates the difficulty that faces us. but i do think that the spirit of cooperation that you have seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, remain optimistic. i was born with a glass half-full. if i hadn't been i sure wouldn't be here. jon: so let's get to it. how close are we to the edge of that fiscal cliff? marjorie clifton, a former consultant to the obama campaign a
FOX News
Nov 8, 2012 11:00pm PST
. >> eric: another quick point. when you have john boehner and mitch mcconnell and mitt romney talking about immigration, immigration reform, it doesn't hold the water, the credibility when marco rubio or ted cruz or martinez does it, who has a better background and basis for making comments on it. that is why it -- >> bob: it's a question of policy. are they going to change policy? >> eric: they are the ones to do it. if you're romney with immigration reform. >> dana: in 1986, they passed the bill, the immigration bill because of the amnesty bill in 1986, republicans are the ones that passed that. ronald reagan signed it. republicans lost seats in 1988. i don't know if that is the right rabbit to chase. >> bob: they increased percentage among hispanics. >> andrea: i still say no, matter what, amnesty, free healthcare, student loans. give, give, give. g.o.p., no quick fix and it doesn't see a harvard professor to see where it's going. coming up, the main stream media may not be totally to blame for the republican losses this week but they weren't fair and balanceed in the reporting. what sho
FOX
Nov 10, 2012 10:30pm EST
cliff. president obama and house speaker john boehner say that they are willing to compromise. >> a stronger economy means more revenue, which is exactly what president is seeking. >> they should start by making sure that taxes don't go up on the 98% of americans making under $250,000 a year starting january 1st. this is something we all agree on. >> reporter: both remain head strong on their views on tax reform. >> we have to combine spending cuts with revenue and that means asking the wealthiest americans to pay more taxes. >> 2013 should be the year to begin our debt through tax reform and entitlement reform. >> reporter: if no agreement is reached, middle class americans could see a $2000 increase on taxes and the unemployment rate could jump back over 9%, spiraling the economy to another recession taxes related to obama's health care plan will be corrected. according to baron, over 1000 government programs will experience, quote, deep automatic cuts. with the fiscal deadline rapidly approaching, many economists ask, can the feat be accomplished in the time frames? >> what
NBC
Nov 8, 2012 7:00am EST
. john boehner making comments that they also want to work together. but, again, this is the choice that we have been talking about over the last several months. spending cuts, tax increases. >> we should mention that we're also more renewed fears in europe, the greek debt crisis rearing its ugly head. >> absolutely. it's clear that greece cannot pay its bills. now we're thinking, okay, this is another pressure for the u.s. economy. so we're all waiting on some kind of compromise out of washington as well as some stability in europe. but for sure, we'll probably see some volatility going forward. doesn't really mean much, though, long-term. >> i was going to say, let's get some perspective. there was a huge drop after the president's election four years ago. but over the last four years, wall street has been up. >> that's right. over the long-term, you have to look at fundamentals. and the corporate sector right now is very strong. a lot of cash on the balance sheets, longer term earnings should be okay. but over the near term, expect some choppiness. >> maria, thank you. and i know
MSNBC
Nov 9, 2012 1:00pm PST
. >> the president's remarks came just hours after house speaker john boehner did his own version of setting the table locking up the good silver and cooking up a romneyesque scheme for more revenue without raising rates on upper income taxpayers. >> i don't want to box myself in, i don't want to box anybody else in. it's clear that there are a lot of special interests loopholes in the tax code, both corporate and personal. there are all kinds of deductions. some of which make sense, others don't, and by lowering rates and cleaning up the tax code, we know that we're going to get more economic growth. >> in other words, mitt's legacy lives on, but what about that electoral trouncing of the republican candidate just this past tuesday? >> it's clear that as a political party we've got some work to do, and i think the principles of our party are sound. but how we talk about wholt we are as a party is clearly conversations are under way and will continue. >> i see. it's not the policy, it's a just how we talk about how we talk about the gop. okay, great. let's get right to our panel in washingto
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